AON Price Prediction Next Week
Analysis and Insights
Fundamental Analysis:
AON PLC has demonstrated strong fundamentals, with a high rating of 87% using the P/E/Growth Investor model based on Peter Lynch's strategy. This indicates strong valuation and growth prospects in the insurance industry.
News Sentiment and Event Impact:
The recent leadership transition, with Eric Andersen stepping down as President and Greg Case taking over, has not negatively impacted analyst sentiment. Wells Fargo maintains an Overweight rating with a $445 price target, expecting strong organic growth in 2025.
Technical Analysis:
- RSI (14): 46.62, indicating a neutral position.
- MACD: Positive but with bearish divergence in the histogram.
- Bollinger Bands: The stock is trading near the lower band, suggesting potential oversold conditions.
Fibonacci Levels:
- Pivot Point: 396.24
- Support Levels: 388.64 (S1), 383.94 (S2)
- Resistance Levels: 403.84 (R1), 408.54 (R2)
Price Prediction:
Based on the analysis, AON is expected to rise to $398 next week, as it approaches the S1 support level with potential upside momentum.
Recommendation:
Buy AON at the current price of $390.40, targeting $398 with a stop-loss at $383.94.
AON Similar Chart Price Prediction
The price of AON is predicted to go up 20.92%, based on the high correlation periods with OPRX. The similarity of these two price pattern on the periods is 93.78%.
AON
OPRX
Up: 20.92%Similarity: 93.78%
AON Revenue Forecast
AON EPS Forecast
AON FAQs
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AON VS S&P500
The tollbooth nature of its brokerage operations makes Aon a relatively stable producer of free cash flow.
Aon's established corporate relationships provide an opportunity to enter and cross-sell new services and move into a larger risk-management role over time.
Management estimates that the top four global brokers have only about 30% market share, leaving plenty of space to expand without intense head-to-head competition.
AON Analyst's Forecast
Elyse Greenspan
Wells Fargo
Hold → Buy
2025-01-14
Price Target
$377 → $410
Upside
+13.66%
Wells Fargo upgraded Aon plc to Overweight from Equal Weight with a price target of $410, up from $377.
Meyer Shields
Keefe, Bruyette & Woods
Buy
2025-01-10
Price Target
$415 → $411
Upside
+17.75%
David Motemaden
Evercore ISI Group
Hold → Buy
2025-01-08
Price Target
$407 → $420
Upside
+19.12%
